According to CoinMeta, aluminum mining companies ( Almonty Industries, ALM ) have announced stock repurchases due to a shortage of tungsten, which is a key material in the fields of artificial intelligence and defense. The repurchases are aimed at addressing the "disconnection" between the ALM stock price and the value of their tungsten assets, while the processing at their Sangdong mine located in South Korea is accelerating. On Monday, aluminum mining stocks soared in the morning session following a significant rise on Friday.